Titas Gas Transmission and Distribution (DHA:TITASGAS) ROE %: -10.67% (As of Mar. 2026)


DHA:TITASGAS Titas Gas Transmission and Distribution PLC DHA:TITASGAS
68 GF Score
Price BDT17.80
GF Value BDT23.36
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Titas Gas Transmission and Distribution ROE %?

Titas Gas Transmission and Distribution DHA:TITASGAS -0.56% 68 ROE % is -10.67% as of Mar. 2026. GuruFocus rates DHA:TITASGAS with a GF Score™ of 68/100 and a GF Value™ of BDT23.36 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 503 Utilities - Regulated companies, Titas Gas Transmission and Distribution ranks worse than 91.45% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Titas Gas Transmission and Distribution's annualized net income for the quarter that ended in Mar. 2026 was BDT-8,955 Mil. Titas Gas Transmission and Distribution's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was BDT83,936 Mil. Therefore, Titas Gas Transmission and Distribution's annualized ROE % for the quarter that ended in Mar. 2026 was -10.67%.

The historical rank and industry rank for Titas Gas Transmission and Distribution's ROE % or its related term are showing as below:

DHA:TITASGAS' s ROE % Range Over the Past 10 Years
Min: -8.85   Med: 5   Max: 12.32
Current: -5.09

During the past 13 years, Titas Gas Transmission and Distribution's highest ROE % was 12.32%. The lowest was -8.85%. And the median was 5.00%.

DHA:TITASGAS's ROE % is ranked worse than
91.45% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.62 vs DHA:TITASGAS: -5.09

Titas Gas Transmission and Distribution  (DHA:TITASGAS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-8955.068/83935.554
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8955.068 / 344538.252)*(344538.252 / 390328.176)*(390328.176 / 83935.554)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.6 %*0.8827*4.6503
=ROA %*Equity Multiplier
=-2.3 %*4.6503
=-10.67 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-8955.068/83935.554
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-8955.068 / -5602) * (-5602 / -10007.28) * (-10007.28 / 344538.252) * (344538.252 / 390328.176) * (390328.176 / 83935.554)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.5985 * 0.5598 * -2.9 % * 0.8827 * 4.6503
=-10.67 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Titas Gas Transmission and Distribution ROE % Related Terms


Titas Gas Transmission and Distribution ROE % Historical Data

* Premium members only.

The historical data trend for Titas Gas Transmission and Distribution's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Titas Gas Transmission and Distribution ROE % Chart

Titas Gas Transmission and Distribution Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.86 4.38 -2.29 -8.85 -8.29

Titas Gas Transmission and Distribution Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.69 7.96 -11.34 -6.57 -10.67

DHA:TITASGAS vs ATO, NI, UGI: ROE % Comparison

For the Utilities - Regulated Gas subindustry, Titas Gas Transmission and Distribution's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Titas Gas Transmission and Distribution ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Titas Gas Transmission and Distribution's ROE % distribution charts can be found below:

* The bar in red indicates where Titas Gas Transmission and Distribution's ROE % falls into.


DHA:TITASGAS
68GF Score
Titas Gas Transmission and Distribution PLC DHA:TITASGAS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Titas Gas Transmission and Distribution ROE % Calculation

Titas Gas Transmission and Distribution's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=-7720.437/( (97090.048+89156.008)/ 2 )
=-7720.437/93123.028
=-8.29 %

Titas Gas Transmission and Distribution's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-8955.068/( (85054.938+82816.17)/ 2 )
=-8955.068/83935.554
=-10.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -10.67% mean?
Titas Gas Transmission and Distribution (DHA:TITASGAS) has a ROE % of -10.67% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Titas Gas Transmission and Distribution and its competitors. According to the industry distribution chart, Titas Gas Transmission and Distribution ranks #460 out of 503 companies in the Utilities - Regulated industry, placing it in the top 91.5%.
Is Titas Gas Transmission and Distribution's ROE % too high?
Titas Gas Transmission and Distribution's current ROE % is -10.67%. Based on the distribution chart, Titas Gas Transmission and Distribution ranks #460 out of 503 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Titas Gas Transmission and Distribution has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Titas Gas Transmission and Distribution's ROE % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Titas Gas Transmission and Distribution ranks #460 out of 503 companies for ROE %. This places Titas Gas Transmission and Distribution in the lower half of its industry. The industry median ROE % is 8.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.62, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Titas Gas Transmission and Distribution and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titas Gas Transmission and Distribution's current ROE % is -10.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titas Gas Transmission and Distribution stock overvalued right now?
Based on GuruFocus' analysis, Titas Gas Transmission and Distribution (DHA:TITASGAS) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT23.36, compared to a current price of BDT17.80 — trading 23.8% below its estimated fair value. The current ROE % is -10.67%. Titas Gas Transmission and Distribution's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Titas Gas Transmission and Distribution (DHA:TITASGAS), the current ROE % is -10.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Titas Gas Transmission and Distribution (DHA:TITASGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Titas Gas Transmission and Distribution stock appears to be undervalued. The current stock price of BDT17.80 is trading 23.8% below its estimated GF Value™ of BDT23.36. GuruFocus considers Titas Gas Transmission and Distribution to be Modestly Undervalued.

Key valuation signals for DHA:TITASGAS:

  • ROE %: -10.67%
  • GF Value™: BDT23.36 vs. price of BDT17.80 (23.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the DHA:TITASGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Titas Gas Transmission and Distribution Business Description

Address 105, Kazi Nazrul Islam Avenue, Titas Gas Bhaban, Kawran Bazar Commerial Area, Dhaka, BGD, 1215
Titas Gas Transmission and Distribution PLC is principally engaged in the business of natural gas distribution. The company aims to transmit natural gas from the gas fields to different areas to distribute the same to the consumers in power, fertilizer, industrial, commercial, captive power, feed gas for CNG, and domestic categories within its franchise areas, viz. greater Dhaka & Mymensingh districts. The company supplies gas to power stations, fertilizer factories, industries, commercial users, captive power plants, compressed natural gas stations, and households through an extensive pipeline network.
68GF Score

Get the complete analysis for DHA:TITASGAS

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT17.80
Price
BDT23.36
GF Value